USSGL Account Ballot Items & 

Upcoming Projects

USSGL Board Meeting May 3, 2023
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Agenda

• Fiscal Year 2023 Ballot Items

• Fiscal Year 2024 Ballot items

• USSGL Scenarios

• USSGL Working Groups

• USSGL Issues Resolution

• Updates on Information provided at April IRC meeting
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• 111000 Undeposited Collections

– This account is used to record the amount of collections on 

hand/in transit for deposit, not yet deposited within the same 

accounting period deposited but not confirmed, and deposits 

confirmed but not yet recorded in a Treasury Account Symbol 

in CARS. This account does not close at year-end

– Justification: Align the USSGL Definition with OMB Circular 

No. A-136, Section II.3.2.3 – Assets.

Fiscal Year 2023 Ballot Items - Modifications
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• 439403 Anticipated Receipts Unavailable for Obligation 

Upon Collection

– Definition: This account is used to record the anticipated receipts that, immediately upon 

collection, are not available for obligation but for investment.

– Justification: This account is needed to anticipate receipts that are not immediately available for 

obligation upon collection but are available for investment.

• 490110 Reinstated Delivered Orders – Obligations, Unpaid – Definition: This account is used to reinstate the amount accrued or due for: (1) services 

performed by employees, contractors, vendors, carriers, grantees, lessors, and other government 

funds; (2) goods and tangible property received; (3) programs for which no current service 

performance is required such as annuities, insurance claims, benefits payments, loans, etc. This 

USSGL account is only applicable to budget object class 41.

– Justification: For situations where there is a downward adjustment of a prior year unpaid 

obligation and an outstanding valid obligation, USSGL account 490110 reestablishes the delivered 

order, unpaid obligation. Like USSGL account 480110, this USSGL account is only applicable to 

budget object class 41. There will be a GTAS validation to enforce this.

Fiscal Year 2024 Ballot items - Additions 
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• 593900 Contra Revenue for Lessor Lease Revenue

- Definition: This account is used to record the amount reflecting a reduction 

in revenue received when realization is not expected. Amounts recorded are based 

on adjustments, allowances, and refunds in which revenue is earned. Provisions for 

credit losses on lease revenue estimated in USSGL 193900 “Allowance for Loss on 

Lease Receivable” also are recorded in this account.

- Justification: Provide contra-revenue account for Lessor Revenue, 

which will include the Allowance for Loss on Lease Receivable and other 

revenue adjustments.

Fiscal Year 2024 Ballot items - Additions
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• 259000 – Other Debt

– Definition: This account is used to record all other forms of U.S. Federal 

Government obligations, secured and unsecured, not otherwise classified in 

another USSGL account. This account excludes appropriated debt and 

repayable advances, but includes the liability for contracts that transfer 

ownership of an underlying asset and are treated as a financed asset 

purchase per SFFAS 54, Par. 25. This account does not close at year-end.

– Justification: Provide guidance for the recognition of the liability incurred for a 

financed asset purchase transaction, from lease contracts that transfer ownership of 

the underlying asset per SFFAS 54, Par. 25.

Fiscal Year 2024 Ballot items - Modifications
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• 480110 – Reinstated Undelivered Orders –

Obligations, Unpaid

– Definition: This account is used to reinstate the amount of goods and/or 

services ordered, which have not been actually or constructively received 

and for which amounts have not been prepaid or advanced. This USSGL 

account is only applicable to budget object class 41.

– Justification: Added a sentence to make sure agencies understand that 

USSGL account 480110 is only applicable to budget object class 41.

Fiscal Year 2024 Ballot items - Modifications
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• 693000 – Lessee Lease Expense

– Definition: This account is used to record the amount of expenses incurred from 

(1) Short-term lease payments paid by a lessee to the lessor based on the provisions 

of the lease contract; (2) Intragovernmental lease expenses paid by a lessee to the 

lessor, including lease-related operating costs (maintenance, utilities, taxes, etc.,) 

paid to a lessor based on the provisions of the lease agreement; and (3) Variable 

payments based on future performance of the lessee or usage of the underlying asset 

in leases other than short-term, intragovernmental, and lease contracts that transfer 

ownership. For certain variable payments included in the lessee lease liability rather 

than expense, see SFFAS 54, Pars. 41. (Note: lease-related operating costs 

(maintenance, utilities, taxes, etc.,) NOT paid to a lessor should be included in 

SGL 610000 rather than 693000.)

– Justification: To clarify the use of the Lessee Lease Expense account for 

Intragovernmental Lease Disclosures is only for expenses paid to the lessor, per 

SFFAS 54, Par. 27.

Fiscal Year 2024 Ballot items - Modifications
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• Coordinating with OMB to address budgetary guidance

– Authority Temporarily Precluded from Obligation

– Receipts Not Available for Obligation Upon Collection

– Advance Appropriation

– Appropriation Transfers

– Transfer of Prior Year Balances

– Congressional Deferral

– Leases –Intragovernmental

– Leases – Short Term

– Leases – RTU (Budgetary Capital)

– Leases – RTU (Budgetary Operating no cancellation)

– Leases – RTU (Budgetary Operating with cancellation)

– Technology Modernization Fund (Addendum #2)

– Foreign Military Sales

USSGL Scenarios
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• Working Groups

– Custodial Guidance

– OMB Abnormal Balance Resolutions

– Lease Guidance

– Budget and Accrual Reconciliation (BAR) Guidance

– Cash & Investments Held Outside of Treasury 

(CIHO)/Funds Held Outside of Treasury (FHOT)

– Debt Issuance Suspension Period (DISP) Group

– Intra-governmental Transactions (IGT) Buy/Sell

– Standardized Financial Statements

USSGL Working Groups 
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• Issues Resolution

– Online issues log

https://www.fiscal.treasury.gov/ussgl/report-an-issue.html

– USSGL Issues Template

ussgl-issues-submission-template.docx (live.com)

USSGL Working Issue Resolution
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• Update to Undeposited Collections (111000) Definition

– Need to ensure definition includes collections on hand or in transit for 

deposit.

• Update to Reinstated Delivered Orders – Obligations, 

Unpaid (490110) Definition

– Additional information added in the definition to provide clarification that this 

USSGL is only applicable to BOC 41.

• Update to Reinstated Undelivered Orders –

Obligations, Unpaid (480110) Definition

– Additional information added in the definition to provide clarification that this 

USSGL is only applicable to BOC 41.

Updates After April IRC Meeting
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• Update to Lessee Lease Expense (693000) –

Definition

– This was not a topic at April IRC, but after further conversation 

with stakeholders it is necessary to clarify the use of this 

expense account.

• Update to TC A470 – Not necessary

– At April IRC we announced that we were adding a reference to TC A118, 

but upon further review this would cause a double debit posting of 

Anticipated Resources – Unapportioned Authority (449000)

• Update to TC A118 – Not adding Reference to TC A470

– Still adding the reference to A468, but not A470.

Updates After April IRC Meeting
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• Update to TC D109

– After the IRC meeting it was determined that this transaction 

code needs to specify that USSGL 490110 is only applicable 

to budget object class 41.

• Update to TC D105 

– After the IRC meeting it was determined that this transaction code 

needs to specify that USSGL 480110 is only applicable to budget 

object class 41.

Updates After April IRC Meeting
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Contact Information

15

Stephen Riley

Department of the Treasury

Bureau of the Fiscal Service

(304) 480-7536

Stephen.Riley@fiscal.treasury.gov

USSGL.Issues@fiscal.treasury.gov

Josh Hudkins

Department of the Treasury

Bureau of the Fiscal Service

(304) 480-7602

Joshua.Hudkins@fiscal.treasury.gov

USSGL.Issues@fiscal.treasury.gov 

USSGLteam@fiscal.treasury.gov